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Empresas y finanzas

Citi revises third-quarter lower due to legal accruals


    (Reuters) - Citigroup Inc revised its third-quarter results lower due to a $600 million increase in legal accruals.

    The bank adjusted its third-quarter net income to $2.84 billion from $3.44 billion, citing "rapidly evolving regulatory inquiries and investigations".

    The company, which had reported third-quarter results on Oct. 14, said its profit on a per share basis was 88 cents in the quarter.

    (Reporting by Ankur Banerjee in Bangalore; Editing by Saumyadeb Chakrabarty)